Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $300,000 of bonds, on which there was $3,000 of unamortized discount, for $312,000. b. Sold 12,000 shares of $25 par common stock for $42 per share. c. Sold equipment with a book value of $57,300 for $82,500. d. Purchased land for $366,000 cash. e. Purchased a building by paying $89,000 cash and issuing a $120,000 mortgage note payable. f. Sold a new issue of $280,000 of bonds at 98. g. Purchased 4,700 shares of $40 par common stock as treasury stock at $77 per share. h. Paid dividends of $2.30 per share. There were 20,000 shares issued and 3,000 shares of treasury stock. Effect Cash payment b. Cash receipt c. Cash receipt d. Cash payment c. Cash payment f. Cash receipt g. Cash payment h. Cash payment Amount 312,000 x